Archive · 18 Nov 2025

Bombay Burmah Shares Up Despite MSTC Deal Termination

Bombay Burmah Shares Up Despite MSTC Deal Termination

Even though Bombay Burmah ended its agreement with MSTC for selling its properties, its share price increased by over 11%.

The agreement was terminated because the online bidding process wasn't working well for BBTC.

This decision didn't affect BBTC's operations much.

In the same quarter, BBTC's net profit decreased by 4.4% compared to last year, but its revenue and EBITDA increased.

Sources